The report on cannabis storage by Sugarmade is impressive. The following was obtained directly from the report:
Sugarmade, Inc, (OTCQB:SGMD) and its partner, Plantation Corp, are the pioneers and innovation leaders in the
development of intelligent container systems customized to meet the special needs of the medical marijuana
industry. The mission is to create, manufacture and market the first container system that maintains the medicinal
integrity of this plant for up to six months. Called BudLife, this patented product represents a quantum
breakthrough in the science of marijuana preservation and delivery.
The Company's business strategy is to launch BudLife®, with its patented technology, as a new,
breakthrough category in intelligent packaging that for the first time delivers all the benefits of preservation
and stability to marijuana without the need for refrigeration. The goal is to establish a unique paradigm in
preservation efficiency and longevity that sets a new gold standard for the intelligent packaging industry. It
will achieve this goal by manufacturing and marketing the first intelligent container system that maintains the
medicinal integrity of this plant for up to six months.
The launch is set for the 4th QTR 2017.
Long term, the goal is to make the BudLife®
brand name synonymous with this breakthrough Intelligent Packaging Category like “Google” is
identical with “Search” and “Kleenex” with “Tissue” i.e. own the Category.
California Roll Out - The Company plans to roll out in California and use it as its guide for all legal,
operational and sales pursuits since as the largest market, it will be the rules & regulations guide
for many other states in the future. Further, with Sugarmade’s management and marketing
operations in the state, the Company is in the position to closely monitor and refine all its sales,
advertising, promotion and PR programs.
Significant Revenue Potential - Given the opportunities, the Company projects a robust market for
these products. http://www.otcmarkets.com/financialReportViewer?id=174762